Big news from the Indian railway sector! π Titagarh Rail Systems Limited (TITAGARH) has just announced a major win, securing a substantial order that underscores its growing presence in urban mobility projects.
The company has received a Letter of Acceptance for a significant contract related to Mumbai Metro’s Line 6, which connects Swami Samarth Nagar to Vikhroli (EEH). This isn’t just any order; it’s a comprehensive package for the design, manufacture, supply, installation, integration, testing, and commissioning of rolling stock.
Valued at an impressive approximately INR 1598.55 Crores, this domestic order was awarded by NCC Limited, acting as the specialized subcontractor for the Mumbai Metropolitan Region Development Authority (MMRDA) tender.
What does this mean for Mumbai’s commuters? Titagarh Rail Systems will be delivering 18 trains, each comprising 6 cars, totaling 108 brand-new metro coaches. But the work doesn’t stop there! The contract also includes a robust maintenance commitment: 5 years of comprehensive maintenance following a 2-year defect liability period. This ensures the longevity and smooth operation of these crucial metro lines.
The project has a design-build period of 104 weeks, setting a clear timeline for this exciting development. This win highlights Titagarh Rail Systems’ expertise and strengthens its position as a key player in India’s rapidly expanding metro infrastructure. Keep an eye on this space as India’s urban transport network continues to evolve! β¨
source: Corporate Announcement